Mrs. Vanny Village Bank Group

This village bank loan is made up of nine people. Mrs. Vanny is the village bank president who has been selected by the members. Each member’s portion of the loan will be used for different purpose in order to improve their family’s standard of living.

Mrs. Vanny was born in 1971. She is married to Mr. Thy. They are farmers who own a small piece of land where they grow rice and sugar cane to support their own family and to sell. They are also chicken breeders. She faces a problem in the sugar cane field in that the soil is infertile. So, to improve her sugar cane production, Mrs. Vanny is applying for a loan to buy fertilizer.

She is the mother of four children: one is a seamstress in a garment factory, two are construction workers and the other one is attending the local public school.

Additional Information

About AMK

Angkor Microfinance Kampuchea (AMK) is a leading microfinance institution in Cambodia with a wide reach of operations. AMK works with over 6,000 villages and serves clients in every Cambodian province. With an average loan size of US$115, AMK’s focus is to provide credit and savings products to the very poor in rural areas. For more information, please visit AMK's website.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.